The group Ivy closed the first nine months of the year with a Net income consolidated amount of 151,8 million euros, up 12,5% compared to the same period of 2015. Theprofit attributable to shareholders it amounted to 142,2 million (+13,8%).
I revenues amounted to 3.104 million, down by 4,4% over the year due to the drop in energy commodities and legal and regulatory impacts, in particular on the return on invested capital (WACC).
Il gross operating margin it stood at 650,6 million (+1,6%). L'net borrowing, however, recorded an improvement to 2.567 million, from 2.651 million at the end of 2015.
A good contribution was made to growth in the electricity area and, in the third quarter, in the waste area. Added to this are the benefits deriving from recent acquisitions in the sectors of free market activities.
